Karnataka Bank has signed Memorandum of Understanding MOU with SELCO Solar Light engaged in the business of designing assembling selling and servicing of solar energy products for the last 27 years with the main objective of providing energy access to underserved population Under this collaborative initiative Karnataka Bank provides financial support to individuals HUF Farmers TradersBusinessmen Proprietorship concerns Professionals Salaried PersonsInstitutions etc to purchase the solar energy products of SELCO Solar Light in India Customers can avail loans from the Bank with a competitive interest rate for installing SELCO Solar energy products for both household and commercial use
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